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1600 27th St N 14 Unit Apartment Building $525,000 ($37,500/Unit) 12.38% Cap Rate Columbus, MS 39701
INVESTMENT HIGHLIGHTS
- Solid 1980 construction with central air and durable systems
- Strong candidate for value-add repositioning or long term hold
- Spacious lot offers potential for upgrades or expansion
PROPERTY FACTS
| Price | $525,000 | Apartment Style | Garden |
| Price Per Unit | $37,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.44 AC |
| Cap Rate | 12.38% | Building Size | 9,302 SF |
| No. Units | 14 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1980 |
| Property Subtype | Apartment |
| Price | $525,000 |
| Price Per Unit | $37,500 |
| Sale Type | Investment |
| Cap Rate | 12.38% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.44 AC |
| Building Size | 9,302 SF |
| No. Stories | 2 |
| Year Built | 1980 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 12 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 56W20-01-00100 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $36,810 |
PROPERTY TAXES
Parcel Number
56W20-01-00100
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$36,810
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1600 27th St N
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